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Israel 11, Deb 7, Avery 5, Kessler 4, Tsa 4, Cnn 4, U.s. 4, John Mcafee 4, Richard Herman 3, Maine 3, Cairo 3, United States 3, Gilbert 3, Morsi 3, New Nectresse 2, Egypt 2, Nola 2, U.n. 2, Sargent 2, Avery Freeman 2,
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  CNN    CNN Newsroom    News/Business. Latest on the day's top news stories  
   with a focus on global news, trends and destinations. New.  

    December 1, 2012
    9:00 - 10:00am PST  

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>> all right. have a great one. we'll see you again tomorrow. thanks so much. >> sure. >> we begin with breaking news on an alleged murder/suicide involving aye player on the kansas city chiefs football team. kansas city affiliate kctv reports the player who has not been identified allegedly shot and killed his girlfriend then drove to a practice facility at the team's arrow head stadium and shot and killed himself. the second shooting occurred at 7:50 a.m. local time at the team's facility. it was linked to an earlier shooting off site. we're going to be keeping you updated and tracking this story as it develops which is expected to over the course of the next few hours. also breaking news out of florida. there's been a deadly bus crash at the miami international airport. our affiliate wplg says the bus carrying 32 passengers crashed into an overpass at the arrival terminal. two people are reported dead.
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30 people were hospitalized, 30 of them with critical injuries. we'll bring you details of that story also as they come into us at cnn. he's wanted for questioning and now a pioneer turned fugitive john mcafee is giving what our veteran reporter says is one of most bizarre interviews of his career. martin met exclusively and in secret are mcafee last night. what happened, martin? >> reporter: this was really a bizarre story. it happen ever since it unfolded. we're talking about a man who made tens of millions as a result of his software invention. but when we talked to him and it was a strange conversation, he wanders from being perfectly clear and candid and concise to sound what almost sounds crazy and i wanted to get to him to talk about the murder of his
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neighbor and was he involved. here's how our interview began. let me ask you a couple questions i know the police would ask. did you kill greg? >> i barely knew the man. why would i kill him? he was a neighbor that lived 200 yards down the beach. i did not kill the man. i knew nothing about his death until the following morning. >> reporter: but did you have a stormy relationship or a past with him? >> i spoken 50 words to the nonfive years. he would go by my property and complain about my dogs. as everybody did. i complained about my dogs. they barked loudly and kept me awake at night. i did everything that i could to contain them. they were getting better. he owned dogs himself. there is no reason he would have done something to my dogs. by the way, the night before he was killed, four of my dogs were poisoned. my first thought was it's the government. more harassment. >> reporter: you felt the dogs were killed by the government? >> they've done everything else to me. in fact, they already killed one of my dogs. now they killed four dogs. what is the difference, snir the
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morning that i heard about greg's death, first thing that went through my mind was, jesus, they got the wrong man. they were sending a gang of gangsters to come and do whatever, robbers pretending to be a robbery to kill me and they got my neighbor instead. >> reporter: john mcafee says since then he reneged that the government somehow killed his neighbor. but does he maintain he doesn't know who did it. but that raised the obvious question for me, well why not turn yourself in? why not just talk to authorities? because after all, he's not wanted for murder. he's not a suspect according to authorities here. they really want to ask questions because he was their neighbor and did he have a history. he says john mcafee says he is never going to turn himself in. he's either going to have to be caught by authorities or this murder is going to have to be solved in some other way but he's not giving in. >> but is there a reason? you describe his behavior as bizarre and corky. just from kind of an analysis perspective, what is going on in
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his head? what did you glean from your interview with him? >> you know, that is something you can't help but try to measure as you talk to this man. remember, this is the first time -- we heard from him many times on the run. this is the first time we actually saw him. seeing him changes the perspective. he seems very clear minded. he seems to tell you in a very convincing way. he does seem to have a bit of a tremor. i asked if he was on drugs, he said absolutely he is not. but then he begins to tell you this story that seems will be hard to believe of a government that is out to take him down. he says because he didn't pay a bribe. so it goes from the very clear and credible to the almost outlandish. one thing that is certain though, john mcafee feels he is running out of time. that the walls are closing in. he's extremely paranoid. and he is worried that authorities are just a few steps behind him. whether that's true, we don't know. >> all right. martin for us there, thanks so much. we'll continue to follow that
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which is a fascinating story. thank you. two brothers are under lockup in south florida accused in a frightening terror plot. the men were arrested thursday in ft. lauderdale. prosecutors allege they were conspiring to use a weapon of mass destruction here in the united states. as well as providing support including money, housing, transportation to terrorists. a third brother says the charges are baseless. >> i love my brother. he is innocent. they never did anything wrong. we live together. we tried make life here every day. >> the suspects were ordered held until the next hearing which is set for this coming friday. north korea's leader plans to launch a long range rocket within days. the u.s. says a launch is a highly provocative act, threatens peace and security in the region. it could also raise tensions
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with north dkorea. they think the rocket launches are really cover for ballistic missile testing. and we're looking at pictures from cairo university in egypt where thousands of egyptians are chanting slogans in support of the president. mow hmow hom he had morsi was given the new constitution today. it has to be approved by the people in a vote two weeks from now. not everyone is happy about the new constitution. angry crowds are protesting against president morsi and the new constitution the square. >> reporter: there doesn't seem to be an end to the demonstrations here in cairo. another mass protest here in the square. some of the president's fiercest critics here are women, women activists. they don't like the way this
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constitution was drafted. they don't believe they were represented and the panel that drafted the constitution, and here's what else they're saying, we don't trust the president and the muslim brotherhood. >> look at all the countries. now they want to screw egypt. >> when you say they, who is they? >> the muslim brothers. all these groups. the muslim brothers are -- here they're not egyptians. they are an international organization. >> reporter: so you don't trust them at all? >> no. >> reporter: you don't trust the muslim brothers? >> no. all these people. we don't trust them. they use the relation to push us to do whatever they want. >> reporter: how much long rer you willing to come out here and protest? >> every day. until it's done. step down!
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step down! >> i think it should good from zero. >> reporter: he says if you don't like it, go vote. what's wrong with that? >> well, sure, we will. i mean, but we want him off. and we want all his people off. >> reporter: those were chants of cancel or annul in arabic. women here, other anti-morsi protesters calling on president morsi to cancel the draft of this constitution. they say they're not going to leave until he does so. in the meantime, president morsi giving no indication that he's going to back away from thinks position. cnn, cairo. an update on an alleged murder/suicide involving a player on the kansas city chiefs football team. kansas city affiliates kctv says the player allegedly shot and killed his girlfriend then drove
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to a practice facility at the team's arrowhead stadium and then shot and killed himself. a police spokesman said the second shooting occurred at 7:50 a.m. local time at the team's facility. it was linked to an earlier shooting off site. we're going to kansas city spokesperson who has further developments as to this alleged murder/suicide. >> a little before 8:00 this morning we got a call in regard to a shooting at a residence. and she was taken to a local hospital where she died a short time later. then we got a call at arrowhead stadium in regard to a person in the parking lot armed with a handgun. when the officers arrived and pulling up and observed a black male who had a gun to his head and he was talking to a couple coaches in the parking lot. as officers pulled up and began to park, that's when they heard
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the gunshot. it appears he took his own life. >> the player has yet to be identified. but, of course, we'll keep you posted on the very latest. the u.n. votes to upgrade the status of palestinians. now israel is ready to build more houses and occupy territory. we have an israeli politician standing by from tel aviv. we're going to ask her what happens now? >> and same sex marriage goes from the ballot box to the nation's highest court. we'll tell you what the justices are considering. maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this.
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status. votes on the calendar eight days before fighting erupted between israel and hamas militants. 138 countries voted yes, 41 on stained, nine voted no against giving them observer state status for israel and the united states. here's what suzanne rice said to the general assembly after the vote. >> today's unfortunate and counterproductive resolution places further obstacles in the path to peace. that is why the united states voted against it. tonight's grand pronouncements will soon fade and the palestinian people will wake up tomorrow and find a little about our lives has changed. >> we have a member of the israel knesset is own the foreign affairs and defense committee. she joins me from tel aviv.
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thank you so much for being here. why do you think you were able to only get nine votes despite the lobbying efforts from the united nations? >> i think most countries unlike the u.s. had a deep misunderstanding as so what the vote was about. many countries, countries of good will, not those with a history against israel and would like to see the country disappear. countries especially in europe thought they were voting for something that would promote peace. they actually thought that by abstaining or supporting this vote, this would promote the idea of a two-state solution. the reason that they made a mistake is that in doing so, they were essentially privileging one aspect of the conflict which is statehood.
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over other important aspects that were not part of the resolution. and that's why ambassador rice mentioned it was counterproductive. essentially, the palestinians got an easy way to feel good which is nice and important. but without forcing them to actually take the difficult decisions that would truly lead to statehood at the end of the day. >> but let me ask a question. and that is, you know, the palestinian authority which was sort of almost a secondary player during israel and hamas' conflict in gaza, it seems as if when you say that they thought this vote would promote peace, doesn't it? the palestinian authority acknowledges israel's right to exist whereas hamas does not. so what is it that people seem not to understand?
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>> there are five million palestinians have lived in the west bank in gaza or have citizenship with third countries and yet they call themselves refugees. they have the status by a u.n. general assembly organization funded by the u.s. and many european countries. and they claim that they have the right to relocate into israel. this is not an idea that sits well with a two state situation. they do not accept the idea of a two state solution. they do not accept the original petition of 47 that there will be a jewish state and an arab state. this, is for example, something that was not in the resolution and this is why it's a problem. >> people sees one state as
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being a palestinian territory and west bank and the other is israel as it is now. but the government seems ready to have the bulling of 3,000 new housing units in occupied territory. the palestinians have called that an act of defiance. one person called it a heart attack, failed heart attack to the state. why do this? and why do it now? >> in general, i think there is a bit of unconstructive behavior on the two sides. people are taking symbolic acts. this is also symbolic acts that plays into the future, not to be exactly realized tomorrow. rather than actually sitting down. the thing is that especially the palestinian ynz and the arabs have avoided negotiating with a strong stable and moderate government in israel for the past three years. every time using this or that
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excuse. they keep avoiding the difficult decisions that will need to be made to establish a state. it includes territory. it includes finally recognizing that israel is the jewish state which means that five million arabs who were never born there cannot claim that they have to relocate there. it means a lot of difficult things for the arab and palestinians. and by continuing to just take unconstructive steps and engage in kind of tit for tat, they're not going to have a state. at the end of the day we need to remember. in 1947 when the jewish people were faced with the choice -- >> and they offered them the two state solution and they rejected it. >> yeah. israeli kin he we appreciate yo joining us and we appreciate you
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coming to spend time us with. >> ground combat is not an option for the military. four women and a group is challenging that rule and suing the defense secretary. do they have a case? our legal experts weigh in with their thoughts.
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breaking news on an alleged murder/suicide. we're going to a spokesperson right now to give us an update on what he believes happened. take a listen. >> we heard that they had been arguing in the past as far as recently they've been arguing before the shooting occurred this morning. >> we'll be following this a lot more to find out what happened and what the fight was about. officials have yet to release the football player' name. >> the fight over same sex marriage has gone to the supreme court. the justices met behind closed doors friday to discuss whether or not they would take up a series of appeals over same sex marriage. they decided to take no action.
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let's bring in our legal guys avery freeman who is in cleveland and richard herman, he joins us from las vegas. so, gentlemen, everybody was excited about this. this is about equal protection. there were ten cases -- a total of five case that's the supreme court could have considered on this particular issue. why did they decide to pick any of them? avery? >> actually, they may very well take one of them, deb. what's going to happen here is, you're correct, there were ten petitions, five cases, one involving prop 8, the referendum in california and the 1996 congressional prohibition. there are so many questions. question is will the supreme court take the case? i think it would have really been impossible for the justices to make a decision on friday. they're going to continue to deliberate and i think we look
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forward to seeing something going to the supreme court. we just don't know which one of the cases the court will accept. >> richard, you know what's interesting about this is one of the reasons that it's likely they're going to consider this is you have a state law which is overriding a federal law. clearly that raises the entire thing up to a whole new level, correct? >> exactly. and after the last election, you look very festive today with the red. beautiful. >> thank you. i'm prechristmas. >> three more states approved same-sex marriage. doma means for federal purposes the definition of marriage is man and woman. that's the issue here. wide implications. deb, monday the supreme court is going to tell us which of the five cases they're going to pick. and we'll rule on this. it will be very interesting to see how this supreme court addresses this issue. >> a lot at stake here.
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let's switch gears a little bit. we want to talk about women in combat. there is a long standing policy against training women for ground combat. okay. so maybe they want to protect, you know, the weaker sex. however, there is a lot at stake here. we're talking about gender discrimination. this is about -- women want to break the glass ceiling. not only are you sending us into battle unprepared, but you're also taking away our ability to even climb up in the ranks and get the high paying jobs. so richard, do you think they do have a substantial case here? >> well, i think they're right. and as bob dylan told us the times are achanging. and it's time for the military to step up and recognize the fact that women are participating. they're risking their lives and the same as men and as long as they're trained, physically equipped with the skills and are
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physically able to. and i think panetta will make that realization. i don't think this litigation is the way to handle it. it is definitely accelerating. >> he says women are equal to men and they lack ambition. but let me ask you, avery then. you know, somebody who is bringing the suit, they are s e recei heavy duty. one pilot was forced into the ground training when the helicopter was shot down. she had to rescue others. what kind of case do you think -- what can leon pa net why argue basically? >> i don't think i can construct a sensible argument. i don't know that leon panetta is unsympathetic. i think this case belongs in the federal district court. it's a 19 page complaint and is
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based on the fifth amendment. a lot of people think that women was prohibited. it wasn't until the 1990s, believe it or not, that the arms forces made it a policy. the jury prohibition exclusion. so the bottom line on this thing is that these indeed are war heroes. they have taken bullets. they put their lives. they're decorated. this is a case that i think is going to result in getting rid of gender discrimination in the military. it's about time. and these war heroes are exactly the people that should be prosecuting this case. >> absolutely. especially whether it comes to breaking the glass ceiling. okay, avery and richard, we, of course, will be back to talk to you in a couple minutes. a lot of interesting case that's are coming up including parents of a transgender student who are suing the school because the boy is not allowed to use the girl's bathroom. all right. well, there has been a reported murder/suicide.
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>> and that involves an nfl player. we'll have all the details. act of kindness has gone viral turning a new york city police officer into a worldwide celebrity for helping a homeless man on a frigid night. ♪ [ male announcer ] you build a reputation by not breaking down. consider the silverado 1500 -- still the most dependable, longest-lasting full-size pickups on the road. and now we've also been recognized for lowest total cost of ownership -- based on important things,
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and we're checking today's top stories. a murder-suicide in missouri reportedly involves a player on the kansas city chiefs team. kansas city affiliate kctv reports the player that has not been identified yet shot and killed his girlfriend then he drove to a practice facility at the team's arrowhead stadium and shot and killed himself. we'll have details as they come in throughout the afternoon. and in miami, a private bus crashed into an overpass at the city's international airport. our affiliate wplg reports two people have been killed. at least 30 people were
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hospitalized. three of them with critical injuries. on the run and in disguise, john mcafee gives cnn an exclusive interview from his hideout in belize. he's been hiding for three weeks from police. they want to question him in the killing of a neighbor. mcafee says he believes the government is out to get him and he will not turn himself in. the stories are trending on cnn.com. this picture taken by a tourist has turned a new york city police officer into an instant worldwide celebrity on a very cold november night, he saw a homeless man with no shoes. sow dug into his own pocket and bought him a pair of socks and warm boots. >> he looked me right in the face and the smile just went from ear to ear. he said god bless me and be safe. i couldn't believe it was coming out of his mouth. it was such a small gesture. he was so appreciative. >> he said he knew he had to
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help. when you think of the sound of music, julie andrews invariably comes to mind. but grammy award winning country singer carry und wood will star asthma rea in a live telecast on nbc. the three hour musical is set to air sometime next year. well tomorrow will be honoring the top ten cnn heroes of this year. we'll tell who you they are and why they're special. and the parents of a transgender student sue after the child is told, no, you cannot use the girl's bathroom. we'll see what a judge decided and what our legal guys have to say about this interesting case.
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remember this sunday night is our live broadcast of cnn heroes, an all star tribute. write it down right now. it salutes the top ten heroes you vote on. of course, we'll name the cnn hero of the year. our correspondent is live in front of the auditorium in los angeles. this is such a great he vept. people coming out to celebrate folks who have really, you know, changed the lives of so many others.
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tell us about the preparations for this award ceremony. >> every day individuals are making huge impacts in their community. can you hear the noise around me. they're literally trucks hauling in equipment, laying the groundwork for tomorrow night's show "cnn heroes an all star tribute." it will be a special day for our 2012 top ten cnn heroes. they're going to be gathering today. they'll talk about their special moment in the spotlight as they prepare for the big night ahead. speaking of the big night, we took a look at where all the action will take place and brought you this special behind-the-scenes look. check it out. all right. i'll tell you what is going on. we look at the auditorium. they're putting that fantastic
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stage together. they're laying down all the seating placards where all the celebrities will be sitting. all of our 2012 honorees and even honorees from 2011 and years before that. it will be a very, very special night. so many a listers coming out not to take the spotlight but to hobbor those who truly mach a difference, all of those around us. neo will be performing. it's such a big night ahead. you better prepare to pull out that box of kleenex. prepared to be inspired and to just really look at these heroes making a tremendous impact. i'm going to be shedding a couple tears. >> absolutely. so true. you can't not help. it is people healing the world a little bit at a time. thank you. sunday, of course, watch the "cnn heroes preshow special" right now with us, "sharing the spotlight" at 8:00 p.m. eastern.
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"cnn heroes an all-star tribute" starts at 9:00 p.m. >> a judge says tobacco companies lied about the dangers of smoking. and now they have to set the record straight with consumers. we're going to tell you how they're going to do that. and our legal guys, well, they always have lots to say.
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stick with us. for decades major tobacco companies admitted they lied to consumers about the dangers of cigarettes. they're paying the price now. a federal judge ruled they must spend their own money on a public advertising campaign saying that, yes, they did lie. our legal guys are back. avery freeman in cleveland and richard herman in las vegas. this is a pretty big step. they have to put the ads on package warnings that americans were deliberately deceived. pretty bold move by the judge there, richard herman. >> extremely bold. the judge wrote a scathing --
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judge kessler wrote a scathing decision about how the tobacco companies of big tobacco defrauded united states citizens. what she's doing is calling them out. she's saying, listen, you now have to tell the public the truth. you have to say yes, we lied to you. yes, for instance, low tar cigarettes or light cigarettes, there's no benefit to that. that is just one instance. the judge is making them put the corrective measures in advertising campaigns and in some instances on cigarettes themselves. will it work? will it do anything? the people that smoke, deb, i don't know if it's going to turn them away or not. >> sure it will. >> it's a bold move. >> let me ask you. this is fascinating. and you and i were talking about this. they've got to put a lot of information, including that smoking kills, that it sort of changes how the brain works. there are a lot of points that they're going to have to convey
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basically saying, look, we know. it's not good for you. buy it anyway. >> that's right. that's right. i don't think it's particularly bold. i don't think it's a bold decision at all. in 1803 the supreme court said that federal courts have very broad powers. and judge gladys kessler did what a judge should do. yeah, it's a lot of information including 12,000 people die on an estimate every day because of tobacco. so i think that the ruling is completely consistent with what a federal district judge does in terms of remedy. she talked about corrective action. that's what this opinion is. but take this to the bank too, deb. big tobacco is taking this to the federal court of appeals in the district of columbia. it's been a little bit more sympathetic. but i think judge kessler's order stands. i think it will be the law and i think tobacco will have to do that to remedy what they've done. >> speaking about big tobacco,
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obviously, philip morris usa did issue a statement. they're going to be studying the judge's decision. they say "we're reviewing the judge's ruling and considering next steps." that is a spokesman. you know, what recourse do the tobacco companies have specifically, avery, because they -- there's a lot of evidence that shows that everything that they were marketing was simply not true. >> the substantial evidence, the essential argument that tobacco is going to advance, deb, is simply that judge kessler abused her authority. she went too far, that a federal district court's remedial powers don't go that far. i think the court of appeals has to affirm judge kessler because indeed that's exactly what federal district judges are supposed to do. >> okay. so we're going to change gears here a little bit. we want to talk about a transgender fifth grader.
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for those who don't know what transgender is. what that means is there is a little boy and he actually feels that he's a little girl. so in maine a judge rules against the parents because the child wanted to use the girl's bathroom. and the school said, no. you can't do it. so, richard, what do you think about that? >> well, you know, i don't know where the parents are in all this. i don't know to what extent the parents have supported this transgender awakening in this fifth grader -- fifth grader. but in any event, i think the judge's ruling in this particular case was sound. and i don't think that there's going to be any relief on appeal on this case. and interesting. it happens in many cases like this, deb. this child is no longer in the school district. this child is in a private school somewhere. all they did was say, listen, you know, you are -- can you not go into this one particular
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bathroom. we're going to let you go into the faculty bathroom. we made arrangements for you. and that's what you have to do at this point in time. it's a unique situation. they tried to deal with it as best they could. and i think the court was within its power. >> avery, i heard you sort of grunting for a lack of a better word. >> look, i think the court was wrong. this was an action pursued by the maine -- the government, maine human rights commission who felt this was a form of harassment. the grandfather who has custody of this child joined with the commission. i think the judge is wrong in misinterpreting the law. the problem is the government, the commission has to go back to the state legislature to get a clarification. this law was passed under a different governor who was more sympathetic. i think they have a chance on appeal. in practical terms, he's right in this respect. the child is now gone.
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it's a matter of principle. it's a matter of law. let's see what happens. i think there is a shot in the court of appeals. >> certainly a brave move for the little boy and certainly not an easy road. but wait, okay, gentlemen, now you guys are part of our family here at cnn. every saturday, you know at this time we want to get your take on the most intriguing legal cases. but there is something even more spectacular because since we are family, we have to update you on the woman who is usually in this seat and that's right, those are fred's two best, latest productions. >> look at that. >> isn't that cute? she is just radiating there. look at that. >> isn't she beautiful? beautiful. >> now they are nola amanda and gilbert james. nola weighs 5 pounds 2 ounces. gilbert is 4 pounz 13 ounces. ment twins and mom healthy and strong. richard, i know you were so excited to see them. you have been in on the process throughout the last couple of
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months. >> we have. avery and i, we talk to fred all the time. we're so happy for her and john and little john. all i know is she was really dedicated. she'd be here today, deb. i don't know why she's not on with us. >> that's right. >> she's my cnn hero. >> we need a remote studio from the hospital. her other son john, by the way. >> we want to hear what nola and gilbert have to say, right? >> all right. gentleman -- >> they look like her, look at that. >> yes, of course, can you always tell 24 hours after they're born. >> beautiful. wonderful. thank you. in a tough economy, it is easy to rely on credit cards. we all do it. but that reliance can cause problems. we'll tell you how you can climb out of debt and, yes, cut up the cards. but first, you can now bring more items through airport security. it might be worth it. we have details on this "on the
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go." >> the tsa is anouzing new guidelines on what can you bring on the plane this holiday season. small snow globes and even cakes and pies can now go through security. >> there are certain things the tsa won't allow you to bring on the plane. for instance, toys that look like weapons. certain types of food. any foods that are liquid or semiliquid. it's guy idea to go to tsa.gov and look at what can and cannot be allowed. >> can you take wrapped gifts. >> the tsa officials might unwrap the gifts during security inspection. the gifts are less likely to get unwrapped if they're in the checked luggage. >> if gifts make your suitcase too heavy, it may be cheaper to ship them instead of paying the additional fees. >> a good way to avoid the cost and hassels of either packing or shipping is simply to order gifts online to be sent to your destination. so it's there when you arrive.
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of his head coach and general manager. chasing the american dream, it can get expensive, especially if you have to use your credit cards to do it n today's smart is the new rich, christine romans introduced us to a couple who found themselves deep in debt, manage to turn things around with a little help. the baileys are hard-working and modest. jerry is a minister, sue a registered nurse. >> get the coupons, watch what you buying. plan your meals. >> they married in 1992. each had children if a previous marriage, six altogether, wane a big family, there were big bills. >> we had major, major repairs on the house. and the cars and like a new transmission, those kinds of things. and just over a period of time we he massed more and more credit cards. >> reporter: 13 years later the couple was overwhelmed by debt,
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92,000 in the red spread over 17 credit cards with interest rates as high as 30%. the baileys story is an extreme example. but more than 30% of u.s. families have four or more credit cards and the average american household carries nearly $16,000 on their cards. in total, americans owe $585 billion in credit card debt. >> we felt like we were in jail. just as if there had been real bars all around us. >> many of the bailey's situation would have considered bankruptcy. but for them, it wasn't an option. >> the debt was mine. it wasn't everybody's out there. and when you bankrupt, it affects other people. innocent people. and so it was our responsibility. and we were the ones who had to do something. with our debt. >> reporter: they worked with a nonprofit credit counseling agency and entered a debt program. >> we looked at their bills as far as paying rent, mortgage,
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utilities. then we look at the debts. who they owe money to, what type of debt it is. >> reporter: the agency contacted creditors who waived late fees and lowered interest rates. they had to cut up all their cards, use cash for essentials and make a weekly payment of $665 toward the debt. they made sacrifices and both took on extra work. fast forward 5 1/2 years and the couple is debt free and just months away from paying off their mortgage. >> it felt like the weight of the world had been taken off of our shoulders. such a sense of freedom and exhilaration. it was a wonderful feeling to know that we had accomplished that. >> christine romans, cnn, new york. americans are always ready to work hard for a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first.
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together for your future. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. if we want to improve our schools... ... what should we invest in?

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